NEW YORK (TheGoldAndOilGuy.com) -- Today's gap higher in stocks has many investors feeling really good about the market. But will this rally last?My to the point answer is "Yes," but there will be some bumps and navigating positions along the way. Looking at the charts below you will notice how stocks are trading up over 4% in two trading sessions and several indicators and technical resistance levels are now being tested. Naturally when dealing with several resistance levels across multiple time frames, cycles and indicators we must be open to the idea that stocks could pause or pullback for a few days before continuing higher. Here is a quick snapshot of charts I follow closely to help determine short-term overbought and oversold market conditions. Momentum Extremes: This chart helps me know when stocks are overbought or oversold. This trend can be followed using the 30- or 60-minute charts, helping you spot short-term tops and bottoms.